US tech sell-off and report of rising prices for goods leaving China’s factories spook stock markets

Shares in the City have fallen sharply after fears of rising inflation in the world’s two biggest economies sent shudders through global stock markets.

Every one of the major companies featured in the FTSE 100 index was down in early trading after a sell-off in the US tech sector and an overnight report showed rising prices for goods leaving China’s factories.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

NI police officers to be prosecuted for allegedly sharing images of dead bodies

Prosecutors say there is sufficient evidence to charge serving and former officer…

Boris Johnson has been given Commons Partygate inquiry findings, say sources

Ex-PM handed dossier laying out privileges committee’s findings as inquiry into whether…

Israeli army says it has hit 150 underground targets in Gaza

About 100 jets involved in heavy bombardment as Palestinians report clashes in…